Department of Numbers

Florence South Carolina Household Income

The Census ACS 1-year survey reports that the median household income for the Florence South Carolina metro area was $42,612 in 2018, the latest figures available. Florence median household income is $9,694 lower than the median South Carolina household income and $19,325 less than the US median household income. 2019 metro income data (including Florence median household income) will be released in September of 2020. Median family and per capita income for Florence are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Florence South Carolina

2018 1 Year Change 3 Year Change
US $61,937 +0.21% +4.77%
South Carolina $52,306 +0.97% +4.47%
Florence $42,612 +2.55% +5.63%

Trends in Florence, SC Real Median Household Income since 2005

The current median household income for Florence is $42,612. Real median household income peaked in 2007 at $49,676 and is now $7,064 (14.22%) lower. From a post peak low of $40,342 in 2015, real median household income for Florence has now grown by $2,270 (5.63%).

Real Median Household Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Household Income for Florence

Date US South Carolina Florence
2018 $61,937 $52,306 $42,612
2017 $61,807 $51,803 $41,551
2016 $60,291 $51,798 $44,159
2015 $59,116 $50,067 $40,342
2014 $56,969 $48,030 $42,617
2013 $56,415 $47,683 $41,652
2012 $56,288 $47,233 $41,816
2011 $56,507 $47,405 $44,713
2010 $57,762 $48,496 $43,385
2009 $58,921 $49,794 $44,908
2008 $60,829 $52,173 $47,082
2007 $61,601 $52,603 $49,676

Florence Family Income

The ACS 1-year data shows the median family income for Florence was $56,459 in 2018. Compared to the median South Carolina family income, Florence median family income is $9,283 lower. As with the median household income data, 2019 family income data for Florence will be released in September of 2020.

Show dollars as: Nominal Real

Real Median Family Income for Florence South Carolina

2018 1 Year Change 3 Year Change
US $76,401 +0.94% +5.60%
South Carolina $65,742 +2.80% +4.63%
Florence $56,459 +6.86% +4.28%

Trends in Florence, SC Real Median Family Income since 2005

The current median family income for Florence is $56,459. Real median family income peaked in 2007 at $61,100 and is now $4,641 (7.60%) lower. From a post peak low of $50,887 in 2013, real median family income for Florence has now grown by $5,572 (10.95%).

Real Median Family Income: Florence, South Carolina, National

Historical Inflation Adjusted Median Family Income for Florence

Date US South Carolina Florence
2018 $76,401 $65,742 $56,459
2017 $75,692 $63,954 $52,837
2016 $74,360 $64,391 $58,189
2015 $72,348 $62,833 $54,140
2014 $69,978 $59,978 $55,434
2013 $69,134 $59,045 $50,887
2012 $68,512 $57,813 $51,885
2011 $68,763 $58,452 $54,603
2010 $69,953 $59,675 $51,084
2009 $71,663 $61,484 $58,203
2008 $74,083 $65,079 $54,290
2007 $74,267 $64,239 $61,100

Florence Per Capita Income

The ACS 1-year survey shows the per capita income for Florence was $24,914 in 2018. Compared to the median South Carolina per capita income, Florence median per capita income is $4,043 lower. As with the median household and median family income numbers above, 2019 per capita income data for Florence will be released in September of 2020.

Show dollars as: Nominal Real

Real Per Capita Income for Florence South Carolina

2018 1 Year Change 3 Year Change
US $33,831 +1.94% +6.47%
South Carolina $28,957 +1.29% +6.61%
Florence $24,914 +3.85% +3.01%

Trends in Florence, SC Real Per Capita Income since 2005

The current per capita income for Florence is $24,914. Real per capita income peaked in 2007 at $25,817 and is now $903 (3.50%) lower. From a post peak low of $22,595 in 2014, real per capita income for Florence has now grown by $2,319 (10.26%).

Real Per Capita Income: Florence, South Carolina, National

Historical Real Per Capita Income for Florence

Date US South Carolina Florence
2018 $33,831 $28,957 $24,914
2017 $33,187 $28,589 $23,990
2016 $32,573 $28,270 $24,176
2015 $31,775 $27,162 $24,186
2014 $30,672 $26,114 $22,595
2013 $30,431 $25,575 $22,608
2012 $29,934 $25,635 $23,029
2011 $29,884 $25,285 $23,285
2010 $30,077 $25,540 $23,124
2009 $30,984 $26,408 $24,115
2008 $32,255 $27,710 $24,865
2007 $32,400 $28,089 $25,817